SAP S/4HANA Finance

Thrive in a Digital World with SAP S/4HANA Finance

SAP S/4HANA Finance

Thrive in a Digital World with SAP S/4HANA Finance

Reimagine finance for the digital age with SAP S/4HANA Finance (formerly SAP Simple Finance). This ERP financial software runs on the SAP HANA in-memory computing platform – so you can optimize processes, run on-the-fly analysis, and more.

Why SAP S/4HANA Finance?

Finance organizations need to embrace the digital age to keep up with new and evolving business models and provide decision makers with instant insight. With SAP S/4HANA Finance, you can create a common view of all financial and operational data, provide flexible, easily consumable reporting, automate processes—and instantly evaluate the financial implications of business options with real-time analytics, prediction, and simulation, all with a beautiful user experience.

Designed for the office of the CFO, these solutions remove the traditional boundaries between transactional, analytical and planning systems, to deliver instant insights with on-the-fly analysis, across all dimensions of financial data.

Although SAP S/4HANA Finance covers the entire financial management portfolio, there are significantly improved or new innovations available in each finance area, which are highlighted below.

Close the books faster, improve compliance and control, and reduce closing workloads and costs – with SAP S/4HANA Finance processes for accounting and financial close.

New Innovations: SAP Accounting combines financial and management accounting and profitability data into one universal journal. It abolishes totals, indices, and other pre-defined aggregates, and relies on line items as a single source of truth.

Fixed Asset Accounting for SAP S/4HANA is integrated into the universal journal architecture, so there is no redundancy of data. Multiple parallel documents for all valuations are posted in real time to ensure correct values from the beginning.

New innovations: SAP Cash Management provides global cash positions in real time, even in the presence of heterogeneous backend systems. New capabilities provide detailed analysis of forecasted cash flows – so you can bring greater levels of consistency to cash balances, cash requirements, and liquidity strategies.

Integrate cash flow analysis

Integrate business planning, including liquidity planning lifecycles

Take advantage of comprehensive central bank account management

Get real-time visibility of bank balances and currency exposures

Increase executive engagement with an intuitive and modern user interface (UI)

With SAP S/4HANA Finance processes for enterprise risk and compliance, you can automate risk, compliance, and international trade activities. By proactively minimizing risk and compliance violations, the software makes it easier to optimize business operations, protect assets, and improve financial performance.

New innovations: SAP Fraud Management gives you the insight you need to detect, investigate, and deter fraud. The software uses advanced rules and algorithms on Big Data to identify and predict fraudulent behavior, issue alerts, and block fraudulent transactions.

Process high volumes of data to enable real-time fraud detection at the transaction level